Diiferent Types of Price Patterns in Bitcoin Chart

11/08/2020 07:26:00 AM

Wave 1:

It's formed Leading Diagonal which is labialized by A, B, C, D, and E.

Wave 3:

It's not an impulsive move therefore we looking "Throw-Over" of the Parallel Channel for 5th Wave.

Wave 4:

The Contracting Triangle has been possessed in it.

Wave 5:

To determine 5-Wave , I have utilized the following:
1) Parallel Channel
2) Spike Box (i), (ii), (ii) which indicated that end of the triangle we're getting a spike on BTC .
3) Harmonic pattern can give us the exact level to decide the next move and pattern name.
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